* CHRONICLE - PENSIONERS CONVERGE HERE, DISCUSS ISSUES OF THEIR CHOICE * CHRONICLE - WHERE EVEN THE CHAT COLUMN PRODUCES GREAT DISCUSSIONS * CHRONICLE - WHERE THE MUSIC IS RISING IN CRESCENDO !

               
                                   

Thursday, September 24, 2015

Subbu's comments


24 Sep 15, 10:17 AM

subbu: Does anyone has idea as to amount/s spent by our organisation towards Legal expenses on the pensioners' cases till date. 

One more thing. That legal expenses is paid out of our pension fund. I need to know this, since there is a possibility of our pension fund getting depleted faster if the legal expenses, if paid out of pension fund, is mounting day by day, as by sometime in not distant future, this fund will not have enough funds to pay our present pension. Any RTI by anyone?

24 Sep 15, 10:33 AM JM Aboobucker: I concur with you. LIC is capable of depleting the Pension Fund in order to deny any benefit to pensioners on the plea of Fund crunch.